nment Comparative Balance Sheets December 31 Assets 2017 2016 Cash Accounts receivable Inventory Land Equipment Accumulated depreciation-equipment Total Liabilities and Stockholders' Equity Accounts payable Bonds payable Common stock ($1 par) Retained earnings $73,500 86,200 169,600 73,300 259,600 (66,400) $595,800 $32,900 70,600 187,200 101,200 200,700 (33,900) $558,700 $35,300 151,500 217,200 191,800 $595,800 $46,600 203.000 174,700 134,400 $558,700 Additional information: 1. Net Income for 2017 was $101,500 2. Cash dividends of $44,100 were declared and paid. 3. Bonds payable amounting to $51,500 were redeemed for cash 551.500. 4. Common stock was issued for $42,500 cash. 5. No equipment was sold ouring 2017, but land was sold at cost. sign .g.-15.000, or in premthese.. (16000).) Prepare a statement of cash flows for 2017 using the Indirect method. (Show amounts that decrease cash flow with either a VELO COMPANY Statement of Cash Flows For the Year Ended December 31, 2017 TCash Flows from Operating Activities T 101,500 Net Income Adjustments to reconcile net income to Net Cash Provided by Operating Activities : Depreciation Expense | Decrease in Inventory Increase in Accounts Receivable Decrease in Accounts Payable Net Cash Used by Operating Activities